| Dallas-Fort Worth job growth slowed last year, but it's still hot
If there's any doubt about the economic slowdown, just look at the Dallas-Fort Worth employment numbers. Early in 2007, the D-FW area was churning out new jobs at a pace of more than 95,000 a year. But by December – the most recent numbers – the local job gain had fallen to about 65,800. Even with that big falloff in job growth, the area had one of the hottest employment markets in the country last year. The economy in D-FW was even stronger than energy boomtown Houston, which had 59,800 more jobs at the end of last month than it did in December 2006, according to the Texas Workforce Commission. But the deceleration on the D-FW job market is worth worrying about. Job growth is the engine that drives the real estate industry in demand for everything from apartments to office space.
Crescent Real Estate Equities Company
Crescent Real Estate Equities Company (NYSE: CEI) is a real estate investment trust headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 71 premier office buildings totaling 28 million square feet located in select markets across the United States with major concentrations in Dallas, Houston, Austin, Denver, Miami, and Las Vegas. Crescent also strategically invests in resort-residential developments in locations such as Scottsdale, AZ, Vail Valley, CO, and Lake Tahoe, CA; in destination resorts such as Fairmont Sonoma Mission Inn® in Sonoma, CA; and in the wellness lifestyle leader, Canyon Ranch®. Crescent Real Estate Equities Company: CSR News, Events and Reports .
Harris still in office after conviction
Harris' office staff confirmed he was in the office Thursday. He did not return phone calls. A federal judge in Natchez sentenced Harris to serve six years in jail and three years probation. Judge David Bramlette allowed Harris to report for his sentence in January to spend time with his family, a blind father and an ailing mother. Under the law, Harris could have been sentenced to a maximum of 70 years in prison and a fine of $1.75 million. No fine was levied because Bramlette determined Harris was not in a position to pay a fine. Harris will be allowed to serve his sentence in Yazoo City as to be close to his Jefferson County home. .
Kidnapping that never was
Look at the state of our mind, despite parting with such a huge amount.Our childrens future is still uncertain. Mr Rajiv Sikka, Regional Manager, Ranbaxy, has consoled himself after getting tired of the schools dictatorial attitude. What can be done? We are helpless. At least I will not let my child continue in this school next year. Some also allege that the school authorities threaten their children not to speak about the matter. Look at the mental trauma we are passing through, they argued. Interestingly, the CBSE is also in the know of the matter as has been mentioned in the letter duly signed by Assistant Secretary ( Affiliation, CBSE) dated December 19, 2006,. However, the Chairman of the CBSE at New Delhi, Mr Ashok Ganguly, could not be contacted. The Principal, Mrs Poonam Sharma, when contacted on the phone assured that they are committed towards the welfare of the students.
Fans play waiting game for tickets
With a hotel room and a flight booked, all Mike Cameron needs is four Super Bowl tickets. So the Boston resident is waiting. He plans to make the ticket sellers sweat a little. "We usually wait it out," said Cameron, a die-hard Patriots fan who will arrive in Phoenix on Wednesday. "We've been to the last few Super Bowls. When the price goes down - and it usually does - then we will buy." .
World-Renowned Brand, The Plaza, Celebrates Its Entry Into the Las ...
LAS VEGAS, Nov. 13 /PRNewswire/ -- The Plaza, a brand known throughout the world for luxurious elegance and beauty, begins the entry into the Las Vegas gaming and hospitality market with the implosion of the Frontier Hotel & Casino. New York-based ELAD Group and Israel-based IDB Group have partnered on this venture and jointly will be known as ELAD IDB Las Vegas, LLC. The multi-billion-dollar project will be the first of its kind in Las Vegas. For the company, it will be the first of many gaming ventures. Once completed, The Plaza is set to be the second largest private real estate development in the world. http://www.newscom.com/cgi-bin/prnh/20071113/LATU130-b) "We are excited to bring The Plaza to Las Vegas," said Isaac Tshuva, Owner of ELAD Group and The Plaza in New York.
Asset-based lenders notice business boost
These aren't exactly banner days for many financial companies, as mortgage lenders close their doors, investment bankers hemorrhage red ink and credit-card firms grapple with rising delinquencies.
But there are a few bright spots in the finance arena, and asset-based lenders occupy one of them.
These firms make business loans secured by accounts receivable, inventories, equipment and other assets, though usually not real estate. .
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